An active member from each of the pension plans included in the Aggregated Pension Trust Fund shall be qualified and elected for the terms as follows:
A. Qualifications. The employee member shall be actively contributing to the applicable pension fund or a retiree of the applicable fund.
B. Terms.
(1) The employee members on the Board of Trustees shall serve a three-year term beginning on June 1, except for the first term of this Board. The first terms of the of the employee members shall be as follows:
(a) Member representing Fire & Rescue Services Pension Fund membership, date of election to June 1, 2018;
(b) Member representing Police Relief and Pension Association membership, date of election to June 1, 2019; and
(c) Member representing Employees' Retirement and Pension System membership, date of election to June 1, 2020.
(2) Board memberships shall be held until the successors are elected and enter upon their duties.
C. Elections. Employee members on the Board of Trustees shall be nominated by the boards of the pension plans included in the aggregation. The nominees receiving the highest number of votes shall be elected as the Board members.
D. Election of initial Board members. Within 14 days following the effective date of this Part, the board of each of the pension plans included in the aggregation shall conduct a meeting at a time and place specified by the present governing bodies of such pension plans for the purpose of receiving nominations and election for employee memberships on the Board.
E. Vacancy. Any employee membership on the Board which becomes vacant for any reason shall be filled for the unexpired term by an election to be conducted promptly by the Board consistent with the provisions for regular elections herein stated.